In the latest trading session, 4.21 million Dell Technologies Inc (NYSE:DELL) shares changed hands as the company’s beta touched 0.89. With the company’s most recent per share price at $113.24 changed hands at -$5.3 or -4.47% at last look, the market valuation stands at $82.50B. DELL’s current price is a discount, trading about -58.69% off its 52-week high of $179.70. The share price had its 52-week low at $63.90, which suggests the last value was 43.57% up since then. When we look at Dell Technologies Inc’s average trading volume, we note the 10-day average is 16.52 million shares, with the 3-month average coming to 12.02 million.
Analysts gave the Dell Technologies Inc (DELL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.52. If we narrow down to specifics, the data shows that 1 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended DELL as a Hold, 14 felt it is a Buy and 0 rated the stock as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Dell Technologies Inc (NYSE:DELL) trade information
Instantly DELL was in red as seen in intraday trades today. With action -3.47%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 48.03%, with the 5-day performance at -3.47% in the red. However, in the 30-day time frame, Dell Technologies Inc (NYSE:DELL) is -1.99% down. Looking at the short shares, we see there were 11.97 million shares sold at short interest cover period of 1.02 days.
The consensus price target for the stock as assigned by Wall Street analysts is 135, meaning bulls need an upside of 16.12% from its recent market value. According to analyst projections, DELL’s forecast low is 47.5 with 185 as the target high. To hit the forecast high, the stock’s price needs a -63.37% plunge from its current level, while the stock would need to tank 58.05% for it to hit the projected low.
Dell Technologies Inc (DELL) estimates and forecasts
Data shows that the Dell Technologies Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -4.39% over the past 6 months, a 10.10% in annual growth rate that is considerably lower than the industry average of 11.20%.
The 2024 estimates are for Dell Technologies Inc earnings to increase by 9.52%, but the outlook for the next 5-year period is at 10.90% per year.
DELL Dividends
Dell Technologies Inc is expected to release its next quarterly earnings report on 2024-Nov-25. The 1.44% annual yield figure for the share gives it an annual dividend of 1.63. It is important to note, however, that the 1.44% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Dell Technologies Inc (NYSE:DELL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.44% of Dell Technologies Inc shares while 66.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 70.45%. There are 66.62% institutions holding the Dell Technologies Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.4828% of the shares, roughly 17.58 million DELL shares worth $2.42 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 2.1859% or 15.48 million shares worth $2.13 billion as of 2024-06-30.
